Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Under contract for a 1920 multi family
Hey I’m currently under contract for a 3 family built in 1921 and a 4 family built around the same time. Side by side buildings sharing a lot.
Anyways my question is.. would you feel comfortable buying properties this old?? They are both maintained very well. Inspection reports came back with minor details that need to be addressed. I’m just concerned over the long run they may be a pain in the butt to keep up. Both are off market deals, well below any on market comps. Being sold fully occupied , rents below market as well. Any feed back would be great thank you !!